A Perfect Storm in Atlanta? Local Leaders Say Inbound Companies, Property Values, Movie Industry Will Attract Hyperscalers…Sooner or Later

ATLANTA, GA – The first panel at CAPRE’s Fourth Annual Greater Atlanta Data Center & Cloud Infrastructure Summit on August 15 was a lively roundtable discussion titled State of the Greater Atlanta Data Center Market: Analysis of Demand-Supply and Emergence of New Debt and Equity Capital Sources featuring five storied industry leaders offering first-rate analysis about the lay of the land in Atlanta. And inevitably, the topic turned to the impact of the big boys – and how hyperscale might change the game in Atlanta. “I’m from the Ashburn area. What we are seeing is a shift in the hyperscale side, with Google, Facebook, Amazons going to a different model -- a powered shell or a build-they-own,” remarked Moderator Jeff Ivey, Strategic Development a CPG. “Is that shifting in this market as well? If colo is building these big sites for these guys, and maybe they’re not taking it, what’s your reaction to that?” Jason Chartrand, Executive Vice President at T5 Data Centers offered the first response to the query, and he did so with a question of his own. “Well, is colo building to that scale on-spec?” he asked. “That’s a big gamble, especially with hyperscalers building for themselves. It’s great that they’re coming in and it’s great the they have Atlanta on their radar. But I don’t have an appetite to go and build a 50 MW data center, throw it out there, and then say, Oh, I…